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    I think it’s being a tad overoptimistic to think we might catch up to Stoke’s ~A$1.2bn market cap by the end of this year.

    Stoke has a 2.5 – 3 year lead on PYC in getting its lead program into clinic trials. It already has some positive interim readouts from that program. Cash on hand at CY end was almost A$300m. In addition, since then, Stoke has partnered a couple of other programs with Acadia and received A$80m to advance those programs.
 
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